Michael Sinensky, a key figure at Powerus Corp, has amended his Schedule 13D to disclose the transfer of 3 million shares of common stock to a trust benefiting his children. This significant share transfer, reported on October 30, 2026, underscores Sinensky's commitment to estate planning while potentially influencing the governance of Powerus Corp, especially following its recent merger.
Powerus Corp, formerly known as Aureus Greenway Holdings Inc., operates in the services sector, specifically focusing on membership sports and recreation clubs. The company, which is based in Rock Hill, South Carolina, has undergone substantial changes recently, including a merger that has redefined its corporate structure and market position.
Background
Powerus Corp, identified by its CIK number 0002009312, is a Nevada corporation that recently changed its name following a merger with Autonomous Power Corporation. The merger, finalized on October 1, 2026, has positioned Powerus as a notable player in the sports and recreation industry. Sinensky, who serves as the Co-founder and Executive Vice President of Marketing and Communications at Powerus, has been actively involved in the company's strategic direction since the merger.
What the Filing Says
The recent Schedule 13D/A filing indicates that on October 30, 2026, Aeromaris MAS LLC, which is controlled by Sinensky, transferred 3 million shares of Powerus common stock to the PR Neshama Irrevocable Trust. This trust is intended for the benefit of Sinensky's three children and their descendants. The filing states, "The transfer was made for personal purposes and was not made with any purpose of changing or influencing control of the Issuer." This amendment marks the second update to the Schedule 13D, originally filed on October 13, 2026.
Impact
This transfer may have implications for Powerus Corp's governance, as Sinensky and Aeromaris MAS LLC now hold approximately 9.8% of the company’s common stock. The trust, managed by an independent trustee, holds the shares without Sinensky retaining any voting or investment power over them. This move may influence how Powerus navigates its corporate strategies and shareholder relations moving forward.
What's Next
The filing does not say what happens next. However, given the recent changes within Powerus and the ongoing evolution of its corporate governance, stakeholders will be closely monitoring any further developments related to Sinensky's ownership and influence within the company.
Read Next
Davidson Matt Reports Major Stock Transactions After Merger
Julie Saiki Discloses Ownership Stakes in Adial Pharmaceuticals
Acadia Pharmaceuticals CFO Reports Stock Transactions
Kim Denny Acquires 1,459 Shares of BCB Bancorp Stock
Gryzlov Yury Sells Shares in Grid Dynamics Holdings, Inc.
GRID Dynamics CFO Anil Doradla sells 20,000 shares of stock




